$349K  
Home sales in the North Wales market dipped below its average sales volume for the prior 12-month period. In this week's report, they fell 42.9% to four homes sold over the last 30 days. Meanwhile, close-by West Norriton reported 17 homes sales, the highest number from all the surrounding cities. The median sales price climbed to $231,500 over the latest reporting period for North Wales, up from $222,000. There are only three months of inventory available in North Wales, so it's a seller's market, even with the decrease in sales.
Comments:

$349K  
There were seven homes sold in the North Wales market over the last 30 days, prolonging a three-week ascending trend. With a underwhelming three contracts executed, the lowest amount since August, that trend could be weakening. In comparison, West Norriton had 23 contracts executed in the same time frame, the most of all nearby cities. Furthermore, a three-week upward trend in sales is expected to continue over the coming weeks. The median sales price climbed to $222,000 over the latest reporting period for North Wales, up from $220,000. The higher trending sales numbers and the fact that there are a lower-than-normal two months of inventory to work through indicate that North Wales is a solid seller's market.
Comments:

$349K  
North Wales is a larger than average city in Pennsylvania with 3,229 residents. Also, it has seen a 4.1% decrease in population over the last 10 years. The North Wales market mostly consists of detached houses, accounting for 58% of the current homes in the area. Topping the list of best schools in the city is Pennbrook Middle School.
Comments:

$349K  
In this week's report, the number of homes sold in the North Wales market dropped to six over the past 30 days, a decrease of 14.3% from last week's report, but still above the monthly average. On the other hand, close-by West Norriton registered 24 homes sold in the same time frame, the most of all surrounding cities. Months of inventory were further reduced to two, extending a downward trend to four weeks. In spite of the decrease in sales, the lack of inventory signals that North Wales is still a solid seller's market.
Comments:

$349K  
The North Wales market warmed up this week as sales climbed 16.7% to hit seven homes sold over the last 30 days. At the same time, close-by West Norriton reported 27 home sales, the highest number from all the surrounding cities. Months of inventory fell to one this period, its lowest point since August. With inventory so low and sales rising, North Wales is a strong seller's market.
Comments:

$224K  
The number of home sales in the North Wales market climbed 20.0% to six homes over the last 30 days. At the same time, close-by West Norriton reported 27 home sales, the highest number from all the surrounding cities. Potential buyers should note that prices are coming down in North Wales, and for this period the median sales price slid from $272,500 to $220,000. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that North Wales is a solid seller's market.
Comments:

$289K  
The number of homes coming into the North Wales market stayed firm with four listings over the last 30 days, while sales remained right where they were as once again five homes were sold over the same period. The median sales price of all transactions in North Wales did not budge this week, remaining at $272,500. With only two months of inventory to sell, North Wales is a definite seller's market, in spite of the flat sales.
Comments:

$349K  
The population of North Wales is very affluent compared to others in Pennsylvania with a median income of $66,686 per household. It's also considered a very expensive city in terms of affordability with a cost of living adjustment score of 117.4. North Wales is made up of homes that are considered older than most with a median of 69 years. The best school in the city is Pennbrook Middle School.
Comments:

$229K  
The number of homes coming into the North Wales market fell to four listings over the last 30 days, while sales remained right where they were as once again five homes were sold over the same period. The median sales price of all transactions in North Wales did not budge this week, remaining at $272,500. Despite the flat sales, a relatively low two months of inventory remaining indicates that North Wales is a definite seller's market.
Comments:

$289K  
The North Wales market showed strong improvement in this week's report, as the number of home sales jumped 25.0%, pushing the total to five homes sold over the last 30 days. To put it in perspective, close-by West Norriton registered 20 homes sold in the same time frame, the most of all surrounding cities. The median sales price jumped to $272,500 over the latest reporting period for North Wales, up from $215,000. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that North Wales is a definite seller's market.
Comments:
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